3 ms·
Well, I have a clever way to explain the relationship between areas under a hyperbola and continuously compounded interest: dy/dx = 1/x dx/dy = x Hopefully t
by scythe 15y ago
Well, I have a clever way to explain the relationship between areas under a hyperbola and continuously compounded interest:
dy/dx = 1/x
dx/dy = x
Hopefully that isn't too confusing. If you start with the second relation (continuously compounded interest), a reciprocal gets you to the first (area under a hyperbola) -- the connection between exponentials/logarithms and areas under hyperbolae isn't immediately obvious to most people. Implicit differentiation is kind of scary, but "draw a curve whose slope is its height" requires an art degree.
I like your essay on intuition, but I don't know if your interpretation of the factorial series is really deep enough to explain what is going on. A fully elementary treatment of Taylor's series is a really hard thing to achieve. This, however, could help:
http://en.wikipedia.org/wiki/Binomial_theorem#Series_for_e http://en.wikipedia.org/wiki/Binomial_theorem#Series_for_e
The binomial theorem for integer exponents is easy enough to grasp, though Wikipedia's geometrical explanation is kind of hilarious:
"[...] if one sets a = x and b = Δx, interpreting b as an infinitesimal change in a, then this picture shows the infinitesimal change in the volume of an n-dimensional hypercube, [...]"
I'm afraid infintesimal changes in the volume of n-dimensional hypercubes probably aren't going to make exponential functions any easier to grasp for epsilons...
- kalid 15y agoThanks for taking a look! My intuition for the dy/dx relations are "amount of growth" and "time needed to grow to the next increment". So for me, e is the amount you have after growing continuously for exactly 1 unit of time (integrate 1/x until it is 1). I'll have to examine that link while I have time to study (vacationing now) and agree the wiki explanation wouldn't be the most enlightening :).